Sri Lankan president under fire over govt expansion amidst economic crisis

Sri Lankan President Ranil Wickremesinghe has come under fire from the Opposition over his authorities expansion with 37 state ministers and with strikes underway to nominate a minimum of 12 extra Cabinet ministers quickly at a time when the island nation is dealing with chapter. President Wickremesinghe on Thursday appointed 37 junior ministers, largely representing … Read more

Crisis-hit Sri Lanka swears in 37 junior ministers, two for finance

Sri Lanka swore in 37 junior ministers, together with two for the crucial finance ministry, the president’s workplace stated on Thursday, in a significant growth of the crisis-hit nation’s authorities. (*37*) island of twenty-two million individuals is dealing with its worst financial turmoil since independence from Britain in 1948. Foreign trade reserves have dropped to … Read more

Sri Lanka’s president to cut spending in interim budget

Sri Lanka’s president is ready to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden nation by way of the remainder of the 12 months, amid discussions with the International Monetary Fund on a bailout package deal. The tourism-dependent nation of twenty-two million is going through its worst financial disaster … Read more

Singapore extends stay of Sri Lanka’s Rajapaksa

Singapore has permitted former Sri Lankan president Gotabaya Rajapaksa to stay within the island republic for an extra 14 days, two sources aware of the matter advised Reuters on Wednesday. A brief-term go to cross issued when Rajapaksa arrived on a personal go to two weeks in the past has been prolonged, two separate sources … Read more